Obama: Small Business Didn't Build It

President Obama just threw a grenade at small business. He implied that everything is done in a community setting with the government or outside help. He is implying that individualism and individual achievements should not be highlighted, as everyone and everything needs help. In his speech yesterday, President Obama referenced the involvement of the government in the development of the internet and in building roads and bridges. He is correct to say the government did involve themselves in those endeavors. That was the government of the people, by the people and for the people.

If we get into a discussion whether business owners want the government as their partners, the President is on the wrong side of the tracks. What is being debated is the matter of degree. How much government? How big should government be? Small businesses give back through taxes, jobs and charity but not by enlarging government. This is all about an attack on individualism and individual achievement. The implications is clearly is that we need the government and we need big government. Not a great position for capitalism, small business or entrepreneurs.